BP reports 40% drop in Q1 earnings, trailing behind industry peers amid low energy prices

BP has reported a significant 40% drop in its first-quarter earnings, with profits falling to $2.7 billion, underperforming against analysts’ expectations due to lower energy prices and operational setbacks, including a U.S. refinery outage. Lagging behind amid industry challenges BP’s latest financial results mark it as the last of the leading Western oil giants to […]